Small and medium-sized businesses (SMBs) often face unique challenges in cybersecurity. Limited resources, expertise, and budgets put SMBs at a disadvantage compared to larger enterprises. However, with cyberattacks becoming increasingly sophisticated, SMBs must adopt advanced solutions to protect their businesses. This blog explores the challenges SMBs face and how XDR (Extended Detection and Response) can provide the robust protection they need.
‘43% of cyber-attacks target SME businesses. Of those victims, 60% go out of business within six months.’
What is XDR?
XDR (Extended Detection and Response) is a new generation cybersecurity solution that integrates and streamlines threat detection, investigation, and response across an organisation’s IT environment.
At ANS, we combine XDR with SOC (Security Operations Center) and SOAR (Security Orchestration, Automation, and Response) to create a comprehensive solution. Our approach identifies and mitigates up to 90% of threats within 15 seconds. For the remainder, rest assured our SOC service will remediate and contain the rest, enabling businesses to stay secure without requiring extensive resources or expertise.
XDR empowers businesses to automate threat responses, ensuring scalability, reducing downtime, and strengthening overall protection.
‘The average annual cost of cyber-crime for businesses is estimated at approximately £15,300 per victim.’
Common cybersecurity challenges faced by SMBs
SMBs encounter several pain points in their cybersecurity efforts, including:
- Budget Constraints: Limited funds for tools, personnel, and training.
- Lack of Expertise: Difficulty finding skilled professionals or services.
- Underestimating Risks: A belief that SMBs are less likely targets.
- Time Constraints: Cybersecurity often takes a backseat to daily operations.
- Compliance Challenges: Keeping up with evolving regulations and requirements.
- Scaling Issues: Adapting security measures as the business grows.
- Unprepared for Breaches: No incident response or data recovery plans.
- Legacy Systems: Outdated technologies increase exposure to attacks.
- Lack of IT Investment: Insufficient resources jeopardise system integrity.
How XDR helps SMBs overcome these challenges
For SMBs, cybersecurity is a critical concern, yet it often lacks the necessary investment for robust protection. As cyber threats grow more sophisticated, traditional security measures frequently fall short. XDR (Extended Detection and Response) provides an innovative solution to enhance cybersecurity while maximising ROI. Here’s why XDR is essential for smaller businesses:
- Cost-Effective Security: By consolidating multiple security functions, XDR eliminates the need for separate tools and lowers operational costs through automated threat detection and response.
- Improved Trust and Customer Confidence: Demonstrates robust security practices, ensures compliance with data protection regulations, and strengthens customer trust—all while protecting sensitive data and boosting your reputation.
- Enhanced Business Continuity: Enables rapid threat detection and automated response to minimise downtime, ensuring smooth business operations and addressing disruptions efficiently.
- Scalable Protection: Adapts to your business as it grows, seamlessly integrating with new technologies and evolving to meet changing security requirements for long-term protection.
- Reduced Human Error and Simplified Management: Automates responses to threats, reducing reliance on individual expertise and minimising human error. Simplifies security management, allowing small teams to focus on core projects.
- Risk Mitigation: Shields your business from costly breaches that can jeopardise operations, revenue streams, and reputation, ensuring the sustainability of your organisation.
- Long-Term ROI: XDR minimises the financial and operational impact of cyberattacks, keeping your business competitive, resilient, and protected against future challenges.
At ANS, our XDR with SOC provides businesses of all sizes with a proactive, cost-effective, and scalable security solution. It’s designed to build trust, reduce downtime, and ensure long-term stability. Book a call here to find out more or for your account manager to get in touch!
